Source: Earnings Call of Shankara Building Products Ltd

Why I have 80% of my liquidity in QQQ and why it beats the world’s best managers.
1. Warren Buffett (Berkshire Hathaway) vs. QQQ
$1 million invested in Berkshire Hathaway in 2014 might have grown to around $2.5 million by 2024, based on the company's historical performance. In…
— Martin Varsavsky (@martinvars) August 15, 2024
Some stuff I am reading today morning:
Full Transcript of Independence Day speech (PIB)
Wholesale inflation falls to 2.04 % (Rediff)
Adani to gain in change in Power Export rules (DH)
Buffett sitting on record $277 Billion Cash (MC)
Senior Citizen Fixed Deposit Rates (FE)
Most of market decline will be after 1st rate cut (Jeremy Grantham)
The Hydrogen Hype is proving to be a hard sell (Oil Price)
The death of the Magazine (Honest Broker)
How a Mega-Rich Family’s advisers made a fortune (Bloomberg)
The Paradox of Lottery thinking (Seth Godin)
Source: Microcap Club
The other thing he taught me was “skin in the game.”
He had no interest in hearing about stocks I thought were interesting. He only cared about stocks I owned. He only cared about what I was doing, not what I was saying.
I still remember it like it was yesterday, but one of the first stocks I pitched him. He asked me, “Do you own it?”, and I said, “No”.
He put in finger in my chest and looked me dead in the eyes and said, “This world is full of analysts and not enough investors. Put your money where your mouth is or shut your mouth.”